140 MORRISON DR, JARRELL, TX 76537
JARRELL, 76537 — williamson County
Property at a Glance
This home is estimated between $169,387 and $276,506, with a best estimate of $272,890. That places the property above the J208321D - Cool Water median of $263,502, in a neighborhood that appreciated 67.7% over the past year.
Estimated Value Range
$272,890
$260,092
Based on 5 comparable properties(1 in the same subdivision)
There are 5 comparable properties within range, but few are in J208321D - Cool Water. The estimated range of $169,387 and $276,506 should be treated as a rough guide.
Comparable Properties (5)
Adjusted -$82,218 for 349 sqft less living space. Net adjustment: -$82,218.
Adjusted -$1,413 for 6 sqft less living space and +$1,311 for being newer. Net adjustment: -$102.
Adjusted +$19,318 for 82 sqft more living space and +$2,622 for being newer. Net adjustment: +$21,940.
Adjusted -$60,545 for 257 sqft less living space and -$1,311 for being older. Net adjustment: -$61,856.
Adjusted -$60,545 for 257 sqft less living space and -$1,311 for being older. Net adjustment: -$61,856.
The Neighborhood
This home is valued 1.3% below the J208321D - Cool Water median of $263,502. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 67.7% over the past year.
J208321D - Cool Water
typicalThis home is -1.3% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,842 across all districts. With a homestead exemption claimed, that drops to $5,160 — saving $1,682 per year. That's $430 per month a buyer should budget. The assessed value increased roughly in line with the neighborhood, so a tax protest is unlikely to yield significant savings.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Jarrell ISD | School | 1.1669% | $3,035 |
| Cool Water MUD | MUD | 0.9500% | $2,471 |
| Williamson County | County | 0.3694% | $961 |
| Williamson County ESD #5 - Jarrell | ESD | 0.1000% | $260 |
| Williamson County FM/Rd | County | 0.0443% | $115 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.6307% | $6,842 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $272,890 would pay approximately $1,703 per month (principal and interest only, excluding taxes and insurance).